Va Home Loans

February 7, 1986|By Deanne Brandon

ADJUSTMENTS. The Veterans Administration said Thursday that it is placing restrictions on its mortgage guarantees. Included: Halting guarantees for refinancing of loans, banning VA-backed loans for veterans who have received them before, and putting a $90,000 ceiling on mortgages guaranteed by the VA. The change is an adjustment for cuts mandated by the Gramm-Rudman budget- balancing law, the VA said.